COMPONENTS

ALP Overseas Unveils Sustainability Initiatives

ALP Overseas, showcased a cutting-edge booth at the ACMA Automechanika expo 2024, emphasizing their commitment to sustainability and innovation. Tejbir Singh Anand, MD of ALP Overseas, highlighted the company’s focus on research and development, specifically in polymer science applications, including rubber and engineered plastics.

Anand mentioned, “Our focus has always been towards R&D, particularly in areas of environmental sustainability.” ALP Overseas has positioned itself as an industry leader in complying with sustainability and environmental targets, outpacing others in the polymer science domain. The company’s proactive approach is evident in their commitment to quality, cost, and delivery (QCD) standards, which have now evolved to prioritize sustainability, aligning with the changing industry trends.

In the context of the aftermarket industry, Anand discussed the evolving landscape, noting the increasing organization within the sector. He stated, “The aftermarket is becoming more organized; cars have become more advanced, and manufacturers want to control the aftermarket by offering warranties and guarantees.” Anand acknowledged the growth of the aftermarket, driven by the expanding economy and rising consumer purchasing power, emphasizing the sector’s increased organization compared to previous decades. ALP Overseas has adapted to these changes by continually focusing on developing new products and applications within their core of polymer science.

Reflecting on the significance of ACMA Automechanika as a focused B2B platform, Anand highlighted the importance of meeting industry peers and understanding market dynamics. He expressed, “As the company grows, the only platform for us to see what is happening in the market is shows like these. It’s very important for us to see what the market is, what the customer is, and what our peer companies are doing.” Automechanika serves as a crucial venue for ALP Overseas to showcase new products and innovations, further strengthening its presence in the Indian aftermarket.

As for the financial outlook and performance, Anand shared, “We are growing exceptionally well, focusing on our core of polymer science and developing new products and applications.” ALP Overseas anticipates this growth momentum to continue, emphasizing their commitment to sustainability, research, and innovation in the coming years.